GCC Synthetic Leather Market Growth to Hit 4% CAGR, by 2028 - Exclusive Report by MarkNtel Advisors Market Research
- Amit Kumar
- Feb 8, 2024
- 3 min read

MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on The GCC Synthetic Leather Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.
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GCC Synthetic Leather Market Insights 2023-2028
The GCC Synthetic Leather Market is projected to grow at a CAGR of around 4% during the forecast period, i.e., 2023-28.
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Top Players in the GCC Synthetic Leather Market:
Kuraray Co., Ltd.
R. Polycoats Pvt. Ltd.
Nan Ya Plastics Corporation
Teijin Limited
Wanhua Chemical Group Co.,Ltd.
Alfatex Italia SRL
San Fang Chemical Industry Co. Ltd
Filwel Co. Ltd
Mayur Uniquoters Limited
Zhejiang Hexin Industry Group Co., Ltd.
Segmentation Analysis of GCC Synthetic Leather Market
GCC Synthetic Leather Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2023 to 2028, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
By Type
Polyurethane (PU) Based
Polyvinyl Chloride (PVC) Based
Bio-Based
Of them all, polyurethane acquired the largest share of the GCC Synthetic Leather Market in the previous few years. It owes to its superior quality, high yield, & assortment. Polyurethane-based synthetic leather is waterproof, softer, and lighter than original leather. It also remains unaffected by the sunlight, thereby augmenting the demand for Polyurethane-Based Synthetic Leather in the coming years.
By Application
Footwear (Sports Shoes, Formal Shoes & Boots and Sandals & Slippers)
Furnishing (Chairs, Sofa, Bean Bags and others)
Automotive (Seats, Steering Wheel Covers, Door Trim, Knob and Gear Bot Covers)
Clothing (Belts, Jackets, Tops, Pants and others)
Accessories (Bag, Purses, wallet)
Electronics (Cases & Covers)
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A Comprehensive Geographical Analysis:
By Country
UAE
Saudi-Arabia
Qatar
Oman
Bahrain
Kuwait
Of all countries in GCC, the UAE is likely to be the fastest-growing Synthetic Leather Market owing to the high demand for premium leather products in the country. The increasing establishments of manufacturing & processing sectors of synthetic leather are making the UAE a hub for product exports. In addition, the rising population levels, coupled with technological advancements in synthetic leather-based products, are further projected to drive the market in the coming years. Moreover, the booming automotive & footwear industries and the growing inclination of customers toward low-priced luxury & aesthetic products are other prominent factors projected to accelerate the demand for synthetic leather in the UAE over the forecast years.
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